← Citigroup Commercial Mortgage Trust 2018-B2 · Loan annex · CMBS market
- Deal
- Citigroup Commercial Mortgage Trust 2018-B2
- Current balance
- $35.2M (September 2026)
- Share of deal
- 3.9%
- Status
- 90+ days delinquent
- DSCR (latest)
- 0.62
- Occupancy (latest)
- 100%
- Scheduled maturity
- 2028-03-01
Property and terms
| Property | 3rd & Pine Seattle Retail & Parking |
| Address | 1601 3rd Avenue; Seattle, WA 98101 |
| Property type | Mixed use |
| Units, beds or keys | not yet reported |
| Net rentable square feet | 1,442 |
| Year built | 1959 |
| Year last renovated | 2016 |
| Original balance | $35.2M |
| Current balance | $35.2M (September 2026) |
| Share of deal balance | 3.9% |
| Interest rate at origination | 4.54% |
| Current interest rate | 4.54% |
| Origination date | 02-05-2018 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2028-03-01 |
| Prepayment lockout end | 08-31-2027 |
| Yield maintenance end | not yet reported |
| Servicer | Midland Loan Services |
| Loan servicer | not yet reported |
| Originator | Citi Real Estate Funding Inc. |
| Current status | 90+ days delinquent |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $59.0M | 01-02-2018 | MAI |
| Most recent reported | $22.7M | 2026-01-22 | MAI |
Change from securitization to the most recent reported valuation: -61.5%.
Largest tenants
| Tenant | Square feet | Lease expiration |
|---|---|---|
| Enterprise Rent a Car | 1,442 | 10-31-2035 |
| DC Seattle 1 Operations LLC/Chr | not yet reported | 12-31-2026 |
| Pacific Outdoor Advertising LLC | not yet reported | 12-31-2031 |
The three largest tenants as reported in the latest asset-level record.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| March 2018 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2018 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2018 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2018 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2018 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2018 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2018 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2018 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2018 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2019 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2019 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| March 2019 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| April 2019 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| May 2019 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2019 | $35.2M | Matured balloon, non-performing | 4.54% | not yet reported | not yet reported | not yet reported | $137,461 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2019 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2019 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2019 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2019 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2019 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2019 | $35.2M | Current | 4.54% | 2.59 | 2.64 | 100% | not yet reported | 06-30-2019 | $6.5M | $2.3M | $4.3M | $4.2M |
| January 2020 | $35.2M | Current | 4.54% | 2.59 | 2.64 | 100% | not yet reported | 06-30-2019 | $6.5M | $2.3M | $4.3M | $4.2M |
| February 2020 | $35.2M | Current | 4.54% | 2.68 | 2.73 | 100% | not yet reported | 09-30-2019 | $6.7M | $2.3M | $4.4M | $4.3M |
| March 2020 | $35.2M | Current | 4.54% | 2.68 | 2.73 | 100% | not yet reported | 09-30-2019 | $6.7M | $2.3M | $4.4M | $4.3M |
| April 2020 | $35.2M | Current | 4.54% | 1.73 | 1.77 | 100% | not yet reported | 12-31-2019 | $6.7M | $3.8M | $2.9M | $2.8M |
| May 2020 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2020 | $35.2M | Current | 4.54% | 1.94 | 1.98 | 100% | $0 | 03-31-2020 | $5.8M | $2.6M | $3.2M | $3.1M |
| July 2020 | $35.2M | Current | 4.54% | 1.94 | 1.98 | 100% | $0 | 03-31-2020 | $5.8M | $2.6M | $3.2M | $3.1M |
| August 2020 | $35.2M | Current | 4.54% | 1.94 | 1.98 | 100% | $0 | 03-31-2020 | $5.8M | $2.6M | $3.2M | $3.1M |
| September 2020 | $35.2M | Current | 4.54% | 1.94 | 1.98 | 100% | $0 | 03-31-2020 | $5.8M | $2.6M | $3.2M | $3.1M |
| October 2020 | $35.2M | Current | 4.54% | 1.26 | 1.31 | 100% | $0 | 06-30-2020 | $5.5M | $3.3M | $2.1M | $2.0M |
| November 2020 | $35.2M | Current | 4.54% | 1.26 | 1.31 | 100% | $0 | 06-30-2020 | $5.5M | $3.3M | $2.1M | $2.0M |
| December 2020 | $35.2M | Current | 4.54% | 1.26 | 1.31 | 100% | $0 | 06-30-2020 | $5.5M | $3.3M | $2.1M | $2.0M |
| January 2021 | $35.2M | Current | 4.54% | 1.17 | 1.22 | 100% | $0 | 09-30-2020 | $5.3M | $3.3M | $2.0M | $1.9M |
| February 2021 | $35.2M | Current | 4.54% | 1.17 | 1.22 | 100% | $0 | 09-30-2020 | $5.3M | $3.3M | $2.0M | $1.9M |
| March 2021 | $35.2M | Current | 4.54% | 1.23 | 1.27 | 100% | $0 | 12-31-2020 | $5.1M | $3.1M | $2.1M | $2.0M |
| April 2021 | $35.2M | Current | 4.54% | 1.23 | 1.27 | 100% | $0 | 12-31-2020 | $5.1M | $3.1M | $2.1M | $2.0M |
| May 2021 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2021 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2021 | $35.2M | Current | 4.54% | -0.45 | -0.40 | 6% | $0 | 03-31-2021 | $500,200 | $662,452 | $-162,253 | $-181,768 |
| August 2021 | $35.2M | Current | 4.54% | -0.45 | -0.40 | 6% | $0 | 03-31-2021 | $500,200 | $662,452 | $-162,253 | $-181,768 |
| September 2021 | $35.2M | Current | 4.54% | -0.89 | -0.84 | 6% | $0 | 06-30-2021 | $3.0M | $4.4M | $-1.4M | $-1.4M |
| October 2021 | $35.2M | Current | 4.54% | -0.89 | -0.84 | 6% | $0 | 06-30-2021 | $3.0M | $4.4M | $-1.4M | $-1.4M |
| November 2021 | $35.2M | Current | 4.54% | -0.89 | -0.84 | 6% | $0 | 06-30-2021 | $3.0M | $4.4M | $-1.4M | $-1.4M |
| December 2021 | $35.2M | Current | 4.54% | -0.89 | -0.84 | 6% | $0 | 06-30-2021 | $3.0M | $4.4M | $-1.4M | $-1.4M |
| January 2022 | $35.2M | Current | 4.54% | 0.54 | 0.59 | 6% | $0 | 09-30-2021 | $4.4M | $3.5M | $949,740 | $871,678 |
| February 2022 | $35.2M | Current | 4.54% | 0.54 | 0.59 | 6% | $0 | 09-30-2021 | $4.4M | $3.5M | $949,740 | $871,678 |
| March 2022 | $35.2M | Current | 4.54% | 0.54 | 0.59 | 6% | $0 | 09-30-2021 | $4.4M | $3.5M | $949,740 | $871,678 |
| April 2022 | $35.2M | Current | 4.54% | -0.04 | 0.01 | 6% | $0 | 12-31-2021 | $4.6M | $4.6M | $11,740 | $-66,322 |
| May 2022 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2022 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2022 | $35.2M | Current | 4.54% | 0.25 | 0.29 | 6% | $0 | 03-31-2022 | $1.1M | $990,852 | $118,882 | $99,367 |
| August 2022 | $35.2M | Current | 4.54% | 0.25 | 0.29 | 6% | $0 | 03-31-2022 | $1.1M | $990,852 | $118,882 | $99,367 |
| September 2022 | $35.2M | Current | 4.54% | 0.92 | 0.97 | 6% | $0 | 06-30-2022 | $4.5M | $2.9M | $1.6M | $1.5M |
| October 2022 | $35.2M | Current | 4.54% | 0.92 | 0.97 | 6% | $0 | 06-30-2022 | $4.5M | $2.9M | $1.6M | $1.5M |
| November 2022 | $35.2M | Current | 4.54% | 0.92 | 0.97 | 6% | $0 | 06-30-2022 | $4.5M | $2.9M | $1.6M | $1.5M |
| December 2022 | $35.2M | Current | 4.54% | 0.92 | 0.97 | 6% | $0 | 06-30-2022 | $4.5M | $2.9M | $1.6M | $1.5M |
| January 2023 | $35.2M | Current | 4.54% | 0.25 | 0.30 | 6% | $0 | 09-30-2022 | $4.6M | $4.1M | $490,504 | $412,442 |
| February 2023 | $35.2M | Current | 4.54% | 0.25 | 0.30 | 6% | $0 | 09-30-2022 | $4.6M | $4.1M | $490,504 | $412,442 |
| March 2023 | $35.2M | Current | 4.54% | 0.25 | 0.30 | 6% | $0 | 09-30-2022 | $4.6M | $4.1M | $490,504 | $412,442 |
| April 2023 | $35.2M | Current | 4.54% | 0.25 | 0.30 | 6% | $0 | 12-31-2022 | $4.6M | $4.1M | $482,832 | $404,770 |
| May 2023 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2023 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2023 | $35.2M | Current | 4.54% | 0.58 | 0.63 | 6% | $0 | 03-31-2023 | $1.1M | $858,318 | $253,277 | $233,762 |
| August 2023 | $35.2M | Current | 4.54% | 0.58 | 0.63 | 6% | $0 | 03-31-2023 | $1.1M | $858,318 | $253,277 | $233,762 |
| September 2023 | $35.2M | Current | 4.54% | 0.58 | 0.63 | 6% | $0 | 03-31-2023 | $1.1M | $858,318 | $253,277 | $233,762 |
| October 2023 | $35.2M | Current | 4.54% | 0.09 | 0.14 | 6% | $0 | 06-30-2023 | $4.7M | $4.4M | $226,749 | $148,687 |
| November 2023 | $35.2M | Current | 4.54% | 0.09 | 0.14 | 6% | $0 | 06-30-2023 | $4.7M | $4.4M | $226,749 | $148,687 |
| December 2023 | $35.2M | Current | 4.54% | 0.09 | 0.14 | 6% | $0 | 06-30-2023 | $4.7M | $4.4M | $226,749 | $148,687 |
| January 2024 | $35.2M | Current | 4.54% | 0.92 | 0.96 | 6% | $0 | 09-30-2023 | $4.8M | $3.2M | $1.6M | $1.5M |
| February 2024 | $35.2M | Current | 4.54% | 0.92 | 0.96 | 6% | $0 | 09-30-2023 | $4.8M | $3.2M | $1.6M | $1.5M |
| March 2024 | $35.2M | Current | 4.54% | 0.92 | 0.96 | 6% | $0 | 09-30-2023 | $4.8M | $3.2M | $1.6M | $1.5M |
| April 2024 | $35.2M | Current | 4.54% | 1.01 | 1.06 | 6% | $0 | 12-31-2023 | $5.0M | $3.3M | $1.7M | $1.6M |
| May 2024 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2024 | $35.2M | Current | 4.54% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2024 | $35.2M | Current | 4.54% | 0.47 | 0.52 | 6% | $0 | 03-31-2024 | $1.0M | $812,056 | $209,771 | $190,256 |
| August 2024 | $35.2M | Current | 4.54% | 0.47 | 0.52 | 6% | $0 | 03-31-2024 | $1.0M | $812,056 | $209,771 | $190,256 |
| September 2024 | $35.2M | Current | 4.54% | 0.47 | 0.52 | 6% | $0 | 03-31-2024 | $1.0M | $812,056 | $209,771 | $190,256 |
| October 2024 | $35.2M | Current | 4.54% | 0.61 | 0.66 | 6% | $0 | 06-30-2024 | $4.6M | $3.5M | $1.1M | $983,240 |
| November 2024 | $35.2M | Matured balloon, non-performing | 4.54% | 0.61 | 0.66 | 6% | $137,461 | 06-30-2024 | $4.6M | $3.5M | $1.1M | $983,240 |
| December 2024 | $35.2M | 30-59 days delinquent | 4.54% | 0.61 | 0.66 | 6% | $270,488 | 06-30-2024 | $4.6M | $3.5M | $1.1M | $983,240 |
| January 2025 | $35.2M | 60-89 days delinquent | 4.54% | 0.61 | 0.66 | 6% | $407,948 | 06-30-2024 | $4.6M | $3.5M | $1.1M | $983,240 |
| February 2025 | $35.2M | 90+ days delinquent | 4.54% | -0.24 | -0.24 | 6% | $545,409 | 09-30-2024 | $6.4M | $6.9M | $-538,055 | $-538,055 |
| March 2025 | $35.2M | 90+ days delinquent | 4.54% | -0.24 | -0.24 | 6% | $669,568 | 09-30-2024 | $6.4M | $6.9M | $-538,055 | $-538,055 |
| April 2025 | $35.2M | 90+ days delinquent | 4.54% | 0.09 | 0.09 | 6% | $751,783 | 12-31-2024 | $4.8M | $4.6M | $150,028 | $150,028 |
| May 2025 | $35.2M | 90+ days delinquent | 4.54% | not yet reported | not yet reported | not yet reported | $831,346 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2025 | $35.2M | Matured balloon, non-performing | 4.54% | not yet reported | not yet reported | not yet reported | $82,215 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2025 | $35.2M | Matured balloon, non-performing | 4.54% | not yet reported | not yet reported | not yet reported | $79,563 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2025 | $35.2M | 30-59 days delinquent | 4.54% | 0.00 | 0.00 | 100% | $161,779 | 03-31-2025 | $1.7M | $1.7M | $4,071 | $4,071 |
| September 2025 | $35.2M | Current | 4.54% | 0.00 | 0.00 | 100% | $0 | 03-31-2025 | $1.7M | $1.7M | $4,071 | $4,071 |
| October 2025 | $35.2M | 60-89 days delinquent | 4.54% | 0.00 | 0.00 | 100% | $243,994 | 03-31-2025 | $1.7M | $1.7M | $4,071 | $4,071 |
| November 2025 | $35.2M | 90+ days delinquent | 4.54% | 0.00 | 0.00 | 100% | $326,209 | 03-31-2025 | $1.7M | $1.7M | $4,071 | $4,071 |
| December 2025 | $35.2M | 90+ days delinquent | 4.54% | 0.00 | 0.00 | 100% | $405,773 | 03-31-2025 | $1.7M | $1.7M | $4,071 | $4,071 |
| January 2026 | $35.2M | 90+ days delinquent | 4.54% | 0.00 | 0.00 | 100% | $487,988 | 03-31-2025 | $1.7M | $1.7M | $4,071 | $4,071 |
| February 2026 | $35.2M | 90+ days delinquent | 4.54% | 0.00 | 0.00 | 100% | $570,203 | 03-31-2025 | $1.7M | $1.7M | $4,071 | $4,071 |
| March 2026 | $35.2M | 90+ days delinquent | 4.54% | 0.00 | 0.00 | 100% | $644,462 | 03-31-2025 | $1.7M | $1.7M | $4,071 | $4,071 |
| April 2026 | $35.2M | 90+ days delinquent | 4.54% | 0.53 | 0.53 | 100% | $726,678 | 12-31-2025 | $4.1M | $3.2M | $882,850 | $882,850 |
| May 2026 | $35.2M | 90+ days delinquent | 4.54% | not yet reported | not yet reported | not yet reported | $806,241 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2026 | $35.2M | 90+ days delinquent | 4.54% | not yet reported | not yet reported | not yet reported | $888,457 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2026 | $35.2M | 90+ days delinquent | 4.54% | not yet reported | not yet reported | not yet reported | $968,020 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2026 | $35.2M | 90+ days delinquent | 4.54% | 0.62 | 0.62 | 100% | $1.0M | 03-31-2026 | $19.7M | $15.6M | $4.1M | $4.1M |
| September 2026 | $35.2M | 90+ days delinquent | 4.54% | 0.62 | 0.62 | 100% | $1.1M | 03-31-2026 | $19.7M | $15.6M | $4.1M | $4.1M |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Status timeline
| Date | Event |
|---|---|
| 2024-10-21 | Transferred to the special servicer |
| December 2024 | First reported 30 or more days delinquent |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.